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Monday, September 19, 2011


40 minutes until the close and the market is testing the 1195.  I expect this move to form a peak at 1200 to 1209

My target area of 1195 has been hit.  The Bulls need to take it beyond 1209.  My feeling is that this line will hold.  We should know soon.

1182 appears to be the immediate bottom.  I'm looking at 1195 as the area of resistance to pull back to.

Key levels for Monday are 1184 and 1200 E-Mini. These support and resistance levels are the tipping points for the Bulls and Bears. Beyond this range: The next level of support will be 1175 The next level of resistance will be 1209
For further insight read Saturday's post

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